LIC dispels financial downfall rumors
While reiterating that it is in "sound financial health", LIC has recently released a statement refuting rumors about its financial position. The insurer has responded to the rumors circulating on…
Effective and Efficient Management of Health Insurance Portfolio
The Centre For Management Development and Consultancy (MDC) BIMTECH organised a three day Residential Training Program on "Effective and Efficient Management of Health Insurance Portfolio" for senior and middle level…
BIMTECH RIMS Launches Certificate Course
Dr.AnupamVerma, Deputy Director BIMTECH and Mr.Roopkumar N, Chief Risk Officer, SBI Life Insurance and RIMS (USA) India representative launches Co- Branded (BIMTECH-RIMS) certificate in Risk Management (CRMP-Basic Course ) on…
LEGAL PRINCIPLES OF BURGLARY INSURANCE
Principles of Insurance Insurance:It may be described as a social device to reduce or eliminate risk of life and property. Under the plan of insurance, a large number of people…
Lloyd’s ties up with Habitat for Humanity Great Britain
As part of the Lloyd’s ongoing response to emerging risks and the challenges they pose to communities around the world, Lloyd’s Charities Trust has recently launched a new disaster resilience…
Airtel Payments Bank, ICICI Prudential Life sign pact to offer insurance products
Airtel Payments Bank and ICICI Prudential Life Insurance have recently entered into a corporate agency agreement for easy access to life insurance and savings plans for its customers, while enabling…
IRDAI sets up working group to review title insurance structure
A working group has been constituted by IRDAI to revisit the product structure of title insurance, develop a standard product and recommend measures to spur demand for the product. The…
SBI General Insurance announces 51% GWP growth in H1FY20
SBI General Insurance has recorded a profit before tax of 278 crore for the first half of financial year 2019-20 (H1FY20) as compared to 256 crore a year ago. The…
Swiss Re enhances its online portal PULSE with catastrophe event notifications
With a new function that delivers real-time natural catastrophe event notifications to customers, Swiss Re Corporate Solutions has recently has enhanced its online portal, PULSE. The new catastrophe notification function…
POLITICAL RISK INSURANCE IN INDIA – DIRE NEED IN THE GLOBAL CONTEXT
prologue: The Indian financial market witnessed exciting twists and turns throughout 2019 due to events from all fronts, political, economical, social and corporate, both global and domestic. Indian market started…